Gaming Innovation Group Inc. (GiG) has signed an agreement with an Angolan
operator, Full Games SA, for the provision of full Sportsbook and Player Account
Management (PAM) services in the newly regulated market of Angola.
This is the first agreement that combines the offering from both GiG and
Sportnco Gaming SAS, immediately showing the power and synergies of combining
both product and managed services offerings.
The new agreement in Angola marks a significant milestone for GiG signifying a
new market entry, its first into regulated African markets. Full Game SA is a
joint venture between the local partner GRUPO CHAMAVO, a holding of financial
participation and business management in several branches of activity, and GRUPO
VALISA, one of the largest retail groups for gaming in Spain. Full Game aims to
quickly become one of the leading players in this newly regulated market for
online gaming in Angola.
GiG will also support Full Games SA with its end to end suite of turnkey managed
services in order for the operator to have quick and efficient access to the
online gaming market in Angola.
GiG also anticipates that by securing its first sportsbook and platform deal in
Africa that the Company will be able over the coming years to build a presence
on a broader scale in the exciting emerging African markets which are expected
to grow significantly in the coming years as the market matures.
The contract is for five years and go-live is anticipated in Q3 2022.
Francisco Simão Júnior, Chairman of Full Games SA, said "We are really excited
to launch our betting and gaming offer soon in Angola. We think that Sportnco
and GIG is the perfect fit to leverage our gaming licence and offer a very
attractive gaming solution to all punters from Angola."
Hervé Schlosser, Managing Director of Sportnco Gaming Group, said "I am
exceptionally happy to have partnered with Full Games SA. The opportunity to
implement our sportsbook and PAM in Angola, a fresh and dynamic market, where
we see tremendous potential, is a true testament to the Sportnco reputation and
the strength of the partnership and offering we now have in combining Sportnco
and GiG's technology, people and service offering. I am extremely proud that we
are one of the early movers and one of the first to secure a partnership there.
We are looking forward to working with and building a long-term relationship
with Full Game SA."
For more information:
Richard Brown, CEO GiG, firstname.lastname@example.org, +34 661599025
About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform, sportbook and
media provider delivering world class solutions to our iGaming partners and
their customers'. GiG's mission is to drive sustainable growth and
profitability of our partners through product innovation, scalable technology
and quality of service. Gaming Innovation Group operates out of Malta and is
dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq
Stockholm under the ticker symbol GIGSEK. www.gig.com
About Full Games SA
Full Games SA has secured one of only four licences granted for online Sports
Betting in Angola from the local regulator (Instituto de Supervisão de Jogos)
and is a JV between the local partner GRUPO CHAMAVO, a HOLDING of financial
participation and business management in several branches of activity, namely
the food industry, catering and gastronomy
This information was distributed by Oslo Børs https://www.oslobors.no/